Houston Texas 77004 Preforeclosure Shortsale


ShortSale Approval Letter

Short Sale Documents


Shortsale Details

Anticipated Foreclosure DateJan 4, 2011
First Mortgage with Ocwen Loan Servicing, LLC$260,000.00
Total Owed$260,000.00
Market Value$115,000.00
Accepted by Debt Holders$115,000.00
Savings$145,000.00
Time to Negotiate Shortsale37 days

Short Sale Location


Property Details

AddressHouston, Texas 77004
SQFT2312
Bedrooms3
Bathrooms3
Stories1
Year Built2002
SubdivisionRiverside Place
County Harris County

Out of state in the navy, how will this process work?

Payoff is $260,000, approved for $115,000. Thats $145K off loan balance